Solar start-up Enviria receives 22.5 million euros

Enviria wants to help companies use solar energy for their own benefit. With the capital from the financing round, the solar start-up now aims to become the market leader for B2B solar solutions.

The Frankfurt-based start-up Enviria has received 22.5 million euros in a Series A financing round. Redalpine and Galileo Green Energy jointly led the round. BNP Paribas Développement and Alter Equity also invested in the solar start-up.

Enviria has been in existence since 2017 and specializes in solar concepts for corporate customers. The start-up offers services relating to the installation and financing of solar-based energy solutions. Enviria helps companies to reduce energy costs, achieve their sustainability goals and comply with regulatory CO2 standards. According to its own figures, the start-up's commercial projects saved over 28,000 tons of CO2 last year.

Enviria intends to use the capital from the financing round to grow further, expand its solar concepts and become a market leader in the B2B sector. "With this investment, we are creating the conditions for ENVIRIA to develop into a decentralized platform for renewable energies, especially for the B2B sector," says Enviria founder and CEO Melchior Schulze Brock. "We are incredibly proud to have Redalpine, Galileo Green Energy, BNP Paribas and Alter Equity on board, as we see their complementary profiles and fundamental understanding of ENVIRIA's mission as valuable assets for our future."